It looks like Gray rock and then Black scale are going to be launching an XRP trust and then an ETF, now that the SEC is failing to start an appeal (is the SEC failing?)
And then, XRP jumped from 53¢ to 58¢! Gasp, what big move!
Musk tweets about DOGE, and it jumps to a dollar.
Ripple says they are negotiating with Japan's central banks, and crickets.
But, this is the way XRP rolls.
Until it doesn't.
Ripple News doesn't cause any ripples
Ripple is launching a new stable coin. Ho hum.
Ripple has contracted with half the central banks in the world (more or less). Ho hum.
Ripple is setting up a cross border, cross currency exchange. Ho hum.
Are we really this jaded to Ripple news?
When XRP actually goes live, what will happen to the price?
Will it still be Ho Hum?
I bet everyone is waiting for XRP to go to $10 before they jump in.
Bitcoin went to $73k buy!
Bitcoin is trading kinda similar. It went up to $73k and people were all, we should have bought it at $50k. And now that it is $50k, everyone is like Ho hum.
And Black Stone is buying up more and more BTC every week. In numbers that scream, there will be none left for anyone else. Ho hum.
Is this the market? Or is this some kind of manipulation?
Well, there is some manipulation. The bots that buy up bitcoin slowly while keeping the price stable is manipulation. But, is it all the manipulation?
Will this go on until there is really no bitcoin on offer at exchanges?
And then, all of sudden, panic sets in?
The bull run is taking its time
Everyone seems to be revving their engines waiting for the green flag. We have even had some false starts. It is all very tense.
The problem is, the movements of coins is really strange. Bitcoin is moving continuously into diamond hands. XRP too.
Movements which should be affecting the market, but are not really. What will break this spell?
Higher prices are a sure fire method to bring higher prices, and even higher prices.
And these higher prices are surely coming. It has happened every halving cycle before.
The longer we wait, the more explosive the price movement is (typically).
So, are you ready for more ATHs?
I ask if you are ready because this time, the economy is also collapsing. Well, more noticeably collapsing. The govern-cement might even say it is a recession now.
Why do cryptos have to fly during The Greater Depression?
Bitcoin will probably be $100k this Christmas, and XRP… well, i do not know.
Bitcoin next year will reach at least $300k, and XRP will be over $10 and headed toward $100.
(XRP price really depends if it is started to be used as the announcements said it would)
So, if you own either of these, you will probably be very crypto rich.
But, will the crypto prices stay high, or are we going to have a 90% retracement?
We had better have a plan to use our crypto wealth. Or this moment is going to come and pass us by.
What will you do if your cryptos bags are suddenly 10x? 20x? 100x?
What do you ultimately want?
Do you just want numbers in a digital account? Then you should probably buy ShibaInu, then you will have lots of numbers. But most people don't actually want numbers, they want the potential to buy things in the future.
If you want a Lambo this is probably the last bull run where you can buy one. As in, buy the car and drive it, before the roads and crime get so bad that you will never take this car out of the garage.
Do you want a great place to live? That would be a great trade for while cryptos are at the top of the market. However, if what you want is a McMansion, i will tell you the price will be falling, and continuing to fall. Get property outside of the city. A place where you will grow your own food. And keep your eyes open for deals being made, trading property directly for crypto. (I am pretty sure this will be a growing thing next year)
Can you cover your living expenses? Shifting to cash is a pain, and also a crashing asset. Can you buy something that will make your living expenses nil? Like buying solar panels if you live in the sunny south. Where you can pay now, when cryptos is high, and not pay electric bills forever.
Can you buy clothes and dry goods to last you for the next four years? Anything you buy will be cheaper now than in the future (well, any needs. TVs will be dirt cheap or cheaper) So, if you can buy it now and store it, you will both pay as little crypto as possible, and paying the smallest price.
Lastly, we are really entering the depression. Soon everyone will be selling everything to just get by. All the toys you ever wanted will be on sale. Probably fire sale prices. Shop tools will be cheap. Cars will be cheap.
So, make lists of what you want, and the level of prices that will make you feel like you got a great deal.
This is kinda like "planning your trade, and trading your plan", but with real stuff.
This is informative
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